Letter to Stop the Biden SEC’s Climate Disclosure Rule

March 25, 2024
News

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Stop the Biden SEC’s Climate Disclosure Rule

The Biden administration’s Securities and Exchange Commission (SEC) has published a radical climate agenda rule that would require most public companies to disclose their greenhouse gas emissions in order to be listed on American stock exchanges.

The SEC is tasked with regulating securities – stocks and bonds – not maneuvering a destructive climate agenda behind the backs of Americans’ duly elected representatives in Washington. This rule is a vast overreach beyond the modest powers granted to the SEC under federal law. In fact, twenty-two states have already filed a legal challenge.

American investors are concerned with financial returns and increasing shareholder value, not advancing an ideological climate agenda that stifles American innovation through mountains of paperwork and endless red tape for the American businesses that keep our economy strong.

We request that you use all of the legislative powers at your disposal to strike down the SEC’s climate disclosure rule, including defunding the rule via the appropriations process and overturning it through the Congressional Review Act resolution effort being led by Congressman Bill Huizenga and Senator Tim Scott.

Paul Teller Grover Norquist Executive Director President Advancing American Freedom Americans for Tax Reform Derek Kreifels Brent Gardner Chief Executive Officer Chief Government Affairs Officer State Financial Officers Foundation (SFOF) Americans for Prosperity Justin Danhof Will Hild Head of Corporate Governance Executive Director Strive Consumers’ Research L. Brent Bozell III Kristen A. Ullman Chairman President ForAmerica.org Eagle Forum

Rick Santorum Hon. Michelle Bachmann Founder Dean Patriot Voices Regent University Phil Kerpen Thomas Pyle President President American Commitment American Energy Alliance Saulius "Saul" Anuzis Tim Jones President Fmr. Speaker, Missouri House American Association of Senior Citizens Chairman, Missouri Center-Right Coalition Thomas H. Jones Gary L. Bauer President President American Accountability Foundation Action American Values Donna Jackson Nate Dunning Director of Membership Development Chairman Project 21 Black Leadership Network Young Conservatives of Texas Paul Gessing David Williams President President Rio Grande Foundation Taxpayers Protection Alliance James L.

Martin Sal Russo Founder/Chairman Co-Founder and Chief Strategist 60 Plus Association Tea Party Express Lisa B. Nelson Myron Ebell CEO Chairman ALEC Action American Lands Council Bob Carlstrom Seton Motley President Founder and President AMAC Action Less Government Scott Shepard Pete Sepp Fellow and Free Enterprise Project Director President National Center for Public Policy Research National Taxpayers Union

Jameson Taylor, Ph.D. Gary Marx Director of Policy & Leg. Affairs President AFA Action The Concord Fund Allen J. Hebert Kevin Freeman President Founder American-Chinese Fellowship of Houston NSIC Institute Shawnna LM Bolick Paul Stam Arizona State Senator Former Speaker Pro Tem NC House of Representatives Floyd Brown Founder Nancy Schulze The Western Journal Physicians for Reform Stefan J. Padfield Hon. Jason A. Isaac Deputy Director CEO Free Enterprise Project American Energy Institute Charlie Gerow Daniel J.

Mitchell CEO, Quantum Communications President Former Vice Chairman, ACU/CPAC Center for Freedom and Prosperity Allen Roth Brian Balfour President Senior Vice President of Research Secure America Now John Locke Foundation Richard Morrison Paul Mueller Senior Fellow Senior Research Fellow Competitive Enterprise Institute American Institute for Economic Research E. Calvin Beisner, Ph.D. Gerard Kassar President State Chairman Cornwall Alliance for the Stewardship of Creation NYS Conservative Party Duvi Honig Noah Wall Founder and Chief Executive Officer Executive Vice President Orthodox Jewish Chamber Of Commerce State Financial Officers Foundation (SFOF) Gabriella Hoffman Peter J.

Thomas Director Chairman IWF’s Center for Energy and Conservation The Conservative Caucus

Jeffrey Mazzella Benjamin Zycher President Senior Fellow Center for Individual Freedom American Enterprise Institute Craig Rucker Derrick Max President President and CEO CFACT Thomas Jefferson Institute for Public Policy Christopher A. Iacovella Robert Alt President & CEO President and CEO American Securities Association The Buckeye Institute Alfredo Ortiz Marc Marie President President Job Creators Network Center for Environmental Accountability JoAnn Fleming John Droz, Jr. Executive Director Physicist/Founder Grassroots America - We the People PAC Alliance for Wise Energy Decisions Texas Conservative Grassroots Coalition Ethan Peck Associate National Center for Public Policy Research